Abstract: Jio Platforms, a digital connectivity provider, has filed its draft prospectus. The 19 bookrunners include international banks MS, UBS, BOA, Citi, CLSA, GS, HSBC, Jefferies, JPM and BNP Paribas. Our previous note included the company's business, financials and pre-IPO investor backing. In this note, we compare the company with its listed peers, forecast earnings and provide our thoughts on valuation.
Bharti Airtel, Vodafone Idea, Tata Communications, Indus Towers
Research on Hong Kong and A+H equity offerings, from the first filing to the aftermarket. Coverage includes pre-IPO early thoughts on the business and valuation, analysis of the final deal terms and cornerstone investors, and updates as new prospectus versions are filed.
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